BEAMSTART Logo

Tempur Sealy, Mattress Firm seek to pause FTC case

Retail Dive LogoRetail Dive5d ago

Tempur Sealy, Mattress Firm seek to pause FTC case - Retail Dive

Quick Summary:

The mattress maker and retail companies say being forced to litigate both a federal court case and an FTC challenge would cause undue financial hardship.

It plans to use the loan proceeds, along with cash available and proceeds from other debt, to fund the cash consideration for its acquisition of Mattress Firm.

In its court challenge, the FTC said Mattress Firm “is the single most important retail channel for mattress brands.


More Pictures

Tempur Sealy, Mattress Firm seek to pause FTC case - Retail Dive (Picture 1)Tempur Sealy, Mattress Firm seek to pause FTC case - Retail Dive (Picture 2)Tempur Sealy, Mattress Firm seek to pause FTC case - Retail Dive (Picture 3)Tempur Sealy, Mattress Firm seek to pause FTC case - Retail Dive (Picture 4)

or

Article Details

Author / Journalist: Nate Delesline III

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-08 @ 08:47:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: retaildive.com

Language: English

Article Length: 500 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Retail Dive

News ID: 23514978

View Article Analysis

About Retail Dive

Retail Dive Logo

Main Topics: EconomyBusiness

Official Website: retaildive.com

Year Established: 2012

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #56

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Tempur Sealy, Mattress Firm seek to pause FTC case" has 500 words across 21 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "Tempur Sealy, Mattress Firm seek to pause FTC case" was covered 5 days ago by Retail Dive, a news publisher based in United States.

How trustworthy is 'Retail Dive' news outlet?

Retail Dive is a fully independent (privately-owned) news outlet established in 2012 that covers mostly economy and business news.

The outlet is headquartered in United States and publishes an average of 0 news stories per day.

It's most recent story was published 1 days ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23514978
  • URL: https://beamstart.com/news/tempur-sealy-mattress-firm-seek-17313282923924

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

© Copyright 2024 BEAMSTART. All Rights Reserved.